Current Affairs MCQ for UPSC Exams – 21 December 2017

Current Affairs MCQ for UPSC Exams – 21 December 2017

Ques.1)- The indigenously built Tejas is a

A) light combat aircraft
B) Submarine
C) Ballistic Missile
D) Stealth shi

Ques.2)- Which of the following is correct regarding Uttar Pradesh Control of Organized Crime Act, 2017?

1. State would be empowered to seize the property of accused people without taking the consent of court.
2. The accused will not be granted bail for six months after the arrest.

A. 1 only
B. 2 only
C. Both
D. None

Ques.3)- What is/are the purpose/purposes of the `Marginal Cost of Funds based Lending Rate (MCLR)’ announced by RBI?

1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.
2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.

Select the correct answer using the code given below.

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

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Answer:

1 (a), 2 (b), 3 (c)